Capital Reorganisation definition

Capital Reorganisation means any variation in the share capital or reserves of the Company (including, without limitation, by way of capitalisation issue, rights issue, sub-division, consolidation, or reduction).

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Capital Reorganisation means any capitalisation issue, rights issue, sub-division, consolidation or reduction of capital or any other variation of the share capital of the Company;

Capital Reorganisation means any issuance of new shares for cash consideration (limited to the Company’s existing shareholders), issuance of convertible or exchangeable bonds, capitalisation of retained earnings, profits or issuance premiums, distribution of reserves by payment in cash or shares, or cancellation of shares in order to absorb losses;

Examples of Capital Reorganisation in a sentence

The EGM will be convened and held to consider and, if thought fit, approve, among others, all the resolutions of the Company necessary and appropriate in relation to the Capital Reorganisation, the Subscription (including the grant of the Specific Mandate), the Operational Restructuring, the Debt Restructuring, the Whitewash Waiver and the Special Deals.
Assuming the China AU Capital Reorganisation takes effect and no further China AU Shares or China AU New Shares are issued or repurchased by China AU, the Subscriber will be interested in 40,000,000 China AU New Shares, representing approximately 75.30% of the issued share capital of China AU as enlarged by the allotment and issue of all the Conversion Shares, immediately upon the full exercise of the conversion rights attaching to the Convertible Bonds.
Upon completion of the Capital Reorganisation, the authorised ordinary share capital of the Company shall be HK$40,000,000 divided into 4,000,000,000 New Shares of HK$0.01 each, of which 852,932,780 have been issued and credited as fully paid.
As mentioned in the Announcements, to enable the existing Shareholders to participate in the Proposed Restructuring, the Board proposed the Open Offer on the basis of nineteen (19) Offer Shares for every one (1) New Share/Consolidated Share (depends on whether the Capital Reorganisation will become effective on the Open Offer Record Date) held by the Qualifying Shareholders on the Open Offer Record Date, and a total of 1,297,775,150 Offer Shares will be allotted and issued by the Company.
Immediately after completion of the Subscription, the Subscriber and parties acting in concert with it will be interested in an aggregate of 7,000,000,000 Adjusted Shares, representing approximately 89.95% of the issued ordinary share capital of the Company after the Capital Reorganisation as enlarged by the allotment and issue of the Subscription Shares.

More Definitions of Capital Reorganisation

Capital Reorganisation means the Share Consolidation, the Capital Reduction, the Credit Transfer, the Reclassification and Re-designation and the Capital Increase;

Capital Reorganisation means, in relation to any of the Group Companies, the reorganization of any Group Company’s share capital and, includes every issue by way of capitalisation of profits or reserves, every issue by way of rights issue, every consolidation or sub-division or reduction of capital or capital dividend, any amalgamation or reconstruction relating to or affecting equity share capital;

Capital Reorganisation has the meaning attributed thereto in Section 4.3(5);

Capital Reorganisation means the proposed reorganisation of the share capital of the Company as described in section 6 of Part I of the Circular;

Capital Reorganisation as defined in clause 6.6.

Capital Reorganisation means the capital reorganisation of the Company as more

Capital Reorganisation the proposed reorganisation of the capital of the Company comprising, inter alia, (i) the Capital Cancellation; (ii) the Capital Increase, and (iii) the Share Consolidation;